Sonos, Inc. (SONO)

Sonos, Inc. is trading at $15.02, down 3.72% on the session. The 50 day average sits at $14.99 and the 200 day at $15.46, which puts the stock in a downtrend. RSI is at 48.4, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $15.26 with resistance near $15.59, so that band frames the current range. Average daily movement is roughly $0.67, or about 4.5% of the share price, which is what any stop placement has to allow for. The overall health score of 58 out of 100 combines a trend score of 63, momentum of 47 and a risk score of 64.

Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells audio products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers wireless, portable, plug-in, and home theater speakers; and headphones, soundbars, components, and accessories. It offers its products through physical stores, websites, online retailers, and custom installers. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was incorporated in 2002 and is based in Santa Barbara, California.